Summer Is Here

Summer arrived in the Northern Hemisphere as the sun reached its northernmost point in the sky. The news came as no shock to those living out west in Arizona, California, Nevada, and Utah where a late spring deadly heat wave brought triple-digit temperatures, putting numerous outdoor activities, such as going to the beach, hiking, and golf, on hold while air-conditioned refuges were being sought.

The pre-summer heat broke records in several cities. The temperature in Phoenix rose to a scorching 118° F (47.7° C), the city’s fifth hottest day ever. In Yuma, some 180 miles (290 kilometers) southwest, the temperature hit 120° F (48.8° C). Meanwhile, Palm Springs, California reported a record-breaking 119° F (48.3° C) while nearby Thermal lived up to its name with 120° F, shattering the previous record of 118° F that was set in 2008.

The coronavirus is now affecting 104 countries and territories across the globe and many travelers are postponing or cancelling their travel plans as a result.
In some cases, a traveler is holding off because travel to his destination is simply not possible due to quarantine and containment rules; in others, it’s simply a desire not to go somewhere where one might end up with the coronavirus or trapped in a quarantined …

In early May, Warren Buffett divested all of his investment firm’s holdings in the four major U.S. airlines, warning that the “world has changed” for the aviation industry due to the coronavirus crisis. In mid May, Boeing CEO Dave Calhoun said he saw a bumpy road ahead for the airline industry and predicted that a major carrier would not survive 2020 as a result.
It appears Buffett and Calhoun were on …